THE
ORANGE
HUB
Bring back those old memories!
As a professional, your identity has revolved around your work for many years. The only way to ensure a smooth transition in your golden years is to plan for it, stage wise.
Changing retirement sentiments that one experiences:
10 years
prior:
Imagines a
fulfilled retired
life.
5 years
prior:
Anticipates how retired life would shape up.
1 year
prior:
Feels concerned about how to cope with the transition.
Retirement:
You may experience a reorientation and reconciliation in many areas of your life.
Let’s look at the various transitions you will need to make for your golden years.
Emotional Transition:
An end to your work-life, changes your overall lifestyle and habits. Hence, you need to have an optimistic outlook to life.
Tip: Stay connected with family and friends.
Intellectual Transition:
Your intellect has been an important part of your life and in this phase you need to explore something new.
Tip: Invest your time and energy in learning new skills.
Physical Transition:
As you age, your physical metabolism will change.
Tip: Choose an exercise regime as per your age, to boost your mood, relieve stress, and also don’t forget to invest in a good Health Insurance plan.
Financial Transition:
Start early and plan for your expenses, lifestyle and retirement goals, to lead a worry-free retired life.
Tip: Start small through a Systematic Investment Plan in instruments based on your risk appetite and be consistent to enjoy the power of compounding.